Over 1 Lakh Diploma Graduates Are Unemployed In India: Report

There are around 8,000 diploma holding programmers, 21,000 software testers and 80,000 sales and marketing executives that enter the job market every year, however, this major employable workforce does not find jobs, says the first National Employability Report-Diploma, 2016 report prepared by assessment firm Aspiring Minds.

The report argues that the corporate world does not views diploma courses in the same light as mainstream graduation courses, leaving most diploma holders unemployed.

“The entire focus of the society is on people with degrees. They miss other disciplines like engineering diploma holders, 8,00,000 of which enter the job market every year,” said Varun Aggarwal, CTO & Co-Founder, Aspiring Minds.

The knowledge industry, which mainly hires graduates and engineers in such roles, is currently missing this huge employable population, said the report prepared on the basis of sample survey of 30,000 students across 300 polytechnic colleges across states.

The report also revealed that employability varies across colleges by location. Colleges in metro cities have on average 26.6% higher employability than colleges in non-metro cities. Colleges in metro cities have on average 14% employability for engineering technicians, whereas for colleges in non-metro cities, it goes down to 9.2%.